Wednesday, November 23, 2011

KKR + $7.2 Billion = Samson Resources

Private equity company KKR announced today that it is leading a group that has struck a deal to acquire the majority of Samson Resources' assets for $7.2 billion. Only Samson's Gulf Coast and Gulf of Mexico properties were excluded from the deal because they would be more attractive to larger producers than a PE company. The transaction does include Samson'S Haynesville Shale properties.

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